34
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$1,600,000
Est. payment /mo
0.44 Acres Lot
Active
318-320 Main Street Shediac, NB E4P2E3
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS® Listing ID NB115558
Year Built 1829
Lot Size 0.445 Acres
Acres 0.44478968
Source New Brunswick Real Estate Board
Property Description
Welcome to 314-318-320 Main St, an extraordinary chance to acquire a RARE OPPORTUNITY in the heart of historic downtown Shediac. This beautifully preserved landmark spans a 10-unit portfolio, including two buildings and a parking lot, offering exceptional versatility and long-term upside. Built in 1890, this stately property has been thoughtfully renovated over the years, masterfully blending historic charm with modern updates. Initial discussions with the Shediac Economic Development Department have begun, supporting the possibility of a multifamily build at the rear. The land depth and potential for bay views from a new structure only add to the incredible upside of this investment. The portfolio includes six residential units, a mix of boutique-style Airbnbs and spacious apartments, three well-established commercial spaces, and a dedicated storage unit. Current thriving tenants a destination restaurant (Kainan), a beloved pet grooming salon (Soggy Paws Pet Grooming), and a popular seasonal ice cream shop (Ice Cream Delight), offer reliable income streams and local prestige. The large parking lot and deep lot size present exciting future development potential. This is a MUST SEE opportunity for investors seeking a mix of cash flow, pride of ownership, and long-term development potential in one of New Brunswicks most vibrant coastal communities. (id:24570)
Location
Province NB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Heat Pump
Flooring Ceramic, Vinyl, Porcelain Tile, Hardwood
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by eXp Realty